Chinese internet giant Tencent will announce a cultural trade deal with Britain, including fashion, deepening cooperation between the two countries and setting the stage for its own international expansion moves.

​EU-based shoppers searched for UK fashion items using smartphones in greater numbers than ever in the first three months of this year. But local UK shoppers were much more focused on beauty, according to new data.

A federal judge in New York on Tuesday ordered Jay-Z to testify on May 15 in an investigation by the U.S. Securities and Exchange Commission involving the sale of the rapper’s Rocawear clothing brand to Iconix Brand.

Nike continues to oust its top-level executives, with reports that the US sportswear behemoth has let go of five more managers, raising the total to eleven, amid its inquiry into sexual assault allegations.

Bestseller is dipping more than a toe into the biotech waters and has just unveiled an ambitious joint venture with specialist company Pond. Bestseller parent Heartland has linked with Pond via its investment firm.

China's exports rebounded more strongly than expected in April after a surprise drop the previous month, suggesting global demand remains relatively resilient amid a heated trade dispute with the United States.

Retail sales growth in the 19 countries sharing the euro currency slowed sharply in March, European statistics agency Eurostat said on Friday, as consumers spent less on non-food items than in February.